Short Interest in Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Drops By 98.5%

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 569 shares, a decline of 98.5% from the April 30th total of 37,592 shares. Based on an average daily volume of 81,530 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Zacks Research downgraded Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Kepler Capital Markets downgraded Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 16th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research report on Friday, May 8th. DZ Bank raised Daimler Truck from a “hold” rating to a “strong-buy” rating in a report on Monday, March 16th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Daimler Truck

Daimler Truck Stock Performance

DTRUY stock traded down $0.66 during midday trading on Thursday, hitting $24.39. 6,698 shares of the stock were exchanged, compared to its average volume of 78,875. The stock’s 50-day moving average price is $24.49 and its 200-day moving average price is $23.64. Daimler Truck has a fifty-two week low of $19.43 and a fifty-two week high of $26.45.

Daimler Truck Company Profile

(Get Free Report)

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.

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